ANGELICA BALLESTEROS, TMT

By
0

THE Philippine Stock Exchange (PSE) is again looking to lure small and medium enterprises into listing via a new “handholding” program. “We’re basically going to focus on getting more SMEs listed. We are in fact, creating a program, a group in the PSE to engage SMEs,” PSE President Ramon Monzon…

By
0

Shares prices fell on Wednesday with the Philippine Stock Exchange Index dropping below the 7,900 level in the absence of fresh leads. The benchmark index lost 33.95 points or 0.43 percent to close the day at 7,872.65. The wider All Shares dropped 0.34 percent or 16.17 points to finish at…

By
0

PROPERTY developer and casino operator Belle Corp. said Wednesday its consolidated net income for the first half of the year amounted to P1.77 billion, 93 percent higher than the P917 million reported in the same period last year, driven by strong revenue growth at City of Dreams Manila. Excluding capital…

By
0

PHILIPPINE shares rebounded during the early trading Wednesday climbing just above the 8,000 level as the local market mimicked its regional counterparts, including the US closing up overnight. The benchmark Philippine Stock Exchange index (PSEi) jumped 1.49 percent or 117.99 points at 8,024.59. The broader All Shares gained 1.04 percent…

By
0

Share prices retreated on Tuesday, with the benchmark Philippine Stock Exchange Index (PSEI) ending just above the 7,900 level and investors repositioning themselves ahead of Chelsea Logistics Holdings Corp.’s market debut. The bellwether index lost 111.45 points or 1.39 percent to close at 7,906.60. The wider All Shares declined by…

By
0

LISTED banking firm Security Bank Corp. saw its net income increase by 8 percent for the first half of 2017 on the back of higher net interest income during the period. Security Bank said its net income amounted to P5.24 billion in the first six months, higher by 8 percent…

By
0

PROPERTY developer 8990 Holdings, Inc. said on Tuesday it remains bullish on its prospects for the full year even after its first-half net income for 2017 dropped 44 percent compared to last year. The company said its net income for the first six months declined 44 percent to P1.221 billion…

By
0

SHARE prices retreated on Monday as the benchmark PSEi failed to break the resistance level and investors cashed in on gains. The main index fell 53.42 points or 0.66 percent to close at 8,018.05. The broader All Shares dropped 23.74 points or 0.50 percent to 4,766.86. “It’s the market’s failure…

By
0

LISTED electronics and wireless broadband manufacturing firm Cirtek Holdings Philippines Corp. expects to generate $125 million in revenues for full-year 2017 following its acquisition of US-based Quintel Cayman Ltd. In 2016, the company booked $75 million in full-year revenues. “If you look at their [Quintel] top line, I believe that…

By
0

JANUARIO Jesus Atencio announced on Monday he is stepping down as chief executive officer of 8990 Holdings, Inc. effective December 31, 2017. Atencio said this is in line with his intention to retire at the age of 55 but he added he will remain with the company in a different…

1 47 48 49 50 51 86